Tax Season

Tax Season


The employer tax certificate season for February 2015 closed on 29 May 2015. If you are a HRTorQue Payroll client, all your employees tax certificates were loaded into e@syfile well within the allocated timeframe.

We now start to prepare for the Mid-Year submission for the tax period 1st March 2015 to 31st August 2015.

The Individual Filing Season has now kicked off and employees should start submitting their tax returns now – particularly if a refund is due!

Give Dave Beattie a call at our offices or email him at [email protected] if you need assistance filing your returns. Remember that the Individual Tax Season runs from July to November every year, OR provisional taxpayers who submit via eFiling, it runs until January of the next year.

The important dates are:
30 September 2015 – Manual/postal submissions
27 November 2015 – SARS branch (non-provisional)
27 November 2015 – eFiling (non-provisional)
29 January 2016 – Provisional taxpayers via eFiling

Which individuals do not need to submit a tax return?

  • An individual whose total earnings for the year (1 March 2014 – 28 February 2015) did not exceed R350 000.00 and all the below conditions are met:
    • Only had one employer (i.e. only has one IRP5)
    • Did not receive a car allowance or other income (e.g. interest or rent)
    • Doesn’t claim any tax deductible deductions. (e.g. medical expenses, retirement etc.)
  • Did not receive interest from a source in South Africa more than:
    • R23 800 if you are below the age of 65 years; or
    • R34 500 if you aged 65 years or older; or
    • Did not have dividends that were paid to them and they were a non-resident during the 2015 year of assessment.